Bitcoin Won’t Be Used for Another 5 Years at Least According to Mike Novogratz
Money

Bitcoin Won’t Be Used for Another 5 Years at Least According to Mike Novogratz

The billionaire investor believes that Bitcoin won’t be used as your typical currency in the coming five years, terming the digital currency as “digital gold” as more banks and other players in financials are still developing capacities needed to support the currency.
Tech Stocks May Jump by Another 25% During the Second Phase of Economic Recovery
Business

Tech Stocks May Jump by Another 25% During the Second Phase of Economic Recovery

Mega cap stocks like Microsoft, Amazon, and Apple are currently well below their peak, and they are expected to increase in value by between 20% and 25% over the coming few months.
Amazon Stock Can Jump Nearly 16% in 2020 as Coronavirus Pandemic Boosts Demand
Business

Amazon Stock Can Jump Nearly 16% in 2020 as Coronavirus Pandemic Boosts Demand

According to analysts, Amazon is expected to continue with its top-line acceleration in the near future and finish 2020 strong, way over expectations.
Tesla’s CEO Elon Musk Threatens to Move the Company Out of California
Business

Tesla’s CEO Elon Musk Threatens to Move the Company Out of California

The CEO stated his company will file a lawsuit against Alameda County, arguing that the “unelected and ignorant interim health officers there are acting contrary to the orders issued by the governor.”
Coronavirus and Oil Price Cause Stock Market to Plummet Suddenly
Business

Coronavirus and Oil Price Cause Stock Market to Plummet Suddenly

US stocks had the worst day of trading since the 2008 financial crisis, as the coronavirus crisis continues to spread in the country and the declining oil prices hit a historical low.
Apple Loses $27 Billion in Market Value Because of Coronavirus
Business

Apple Loses $27 Billion in Market Value Because of Coronavirus

Since Chinese manufacturers are resuming operations slower than expected, the company saw nearly $27 billion in value wiped out this past week.

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